Feeds

Carlos Slim is world's richest man, Bill Gates now number two

How's the recession been treating you?

Boost IT visibility and business value

Mexican telecoms bazillionaire Carlos Slim is the world's richest man, pushing Bill Gates into second place.

Gates has been at or near the top of the Forbes Rich List for most of the last 15 years - he retook the top spot from uber-investor Warren Buffett last year, despite retiring and starting to give away his massive fortune.

Slim is now worth $53.5bn, thanks mainly to his stake in America Movil. Gates is second with $53bn in the bank - boosted by a 50 per cent rise in Microsoft's share price which added $13bn to his cash pile this year.

Buffett came in third place with $47bn - up $10bn on last year thanks to investments in Goldman Sachs, General Electric and railroad company Burlington Northern Santa Fe.

In sixth place is Sun-Oracle's 65-year-old Larry Ellison with an estimated fortune of $28bn. Google's Sergey Brin and Larry Page are in joint 24th place with $17.5bn, while Steve Ballmer languishes in 33rd spot with $14.5bn.

The first Brit on the list is the Duke of Westminster - his property empire is worth an estimated $12bn.

The youngest name on the list is Facebook's Mark Zuckerberg with an estimated wealth of $4bn - the same as Formula One promoter Bernie Ecclestone.

The last year has been kind to the 1,011 billionaires Forbes has found. Average net worth is up $500m and only 12 per cent have seen their fortunes fall in the last twelve months. US citizens make up 40 per cent of the list. This year there are 27 new billionaires from China while Finland and Pakistan have names on the list for the first time.

The magazine ranked the world's richest according to stock markets on 12 February. It tries to include stakes in private and public companies, property, gems, yachts and planes as well as cash. But Forbes admits: "We look hard for debt but are not able to find all of it."

The full list of the world's richest 1,000 people is here. ®

Build a business case: developing custom apps

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.